MERCURY SYSTEMS INC — Form 8-K

Mercury Systems agreed to settle stockholder derivative litigation (Jones v. Aslett et al., C.A. No. 2577CV00600 and McKinnon v. Aslett et al., C.A. No. 2577CV01299-A) stemming from alleged misstatements in a prior securities class action (2023–2025). Settlement terms: Mercury pays $600,000 in attorneys' fees to plaintiffs' counsel and implements 10 corporate governance reforms (independent director executive sessions, board training, enhanced internal audit, compliance/disclosure controls committees, finance employee training, M&A committee oversight, governance consultant review, and whistleblower policy improvements) to remain in effect for minimum 4 years. No admission of liability by defendants. Settlement hearing scheduled November 19, 2026.